Union Construction and Investment (UCI) Inaugurates Excavation of Roads in its TABO Master Plans in Farkha, Broqeen, and Kobar

2012-02-20

Ramallah: An inauguration ceremony was celebrated on Wednesday February 15th 2012 with the presence of the Minister of Local Governance, His Excellency Dr. Khaled Al Qawasmeh, UCI"s Chairman, Dr. Mohammad Al Sabawi, and UCI"s General Manager, Mr. Khaled Al Sabawi, along with various village council members and journalists, to celebrate UCI"s completion of the excavation of the internal roads in its TABO Master Plans located in the towns of Farkha, Broqeen, and Kobar. Dr. Qawasmeh warmly praised the success of UCI"s TABO project and congratulated UCI on its initiative to provide accessible roads for their lands located in Farkha, Broqeen, and Kobar, which will allow buyers to gain easy access to their lands.

UCI"s Chairman of Board, Dr. Al Sabawi added that TABO essentially aims to allow Palestinians in Palestine, as well as those in the Diaspora, to own legally registered titled deed plots of land in Palestine. Furthermore, Dr. Al Sabawi discussed UCI"s continuous efforts to facilitate the process of land ownership in Palestine as he emphasized UCI"s ongoing commitment to performing all necessary procedures for the registration process.

UCI General Manager, Mr. Khaled Al Sabawi, discussed TABO"s rapid growth, which has been met with much praise and reception - the launch of the project being just a few months old. He explained that the project as allowed over 120 Palestinian families to own land in the West Bank. Mr. Al Sabawi stated that all lots of land located in Kufar Ein and Broqeen were completely sold out, with few lots remaining in Farkha.

Mr. Al Sabawi highlighted that prices are affordable for everyone, as customers will have the option to directly finance with UCI with zero interest. Those interested in purchasing land can do so through the convenience of the company"s website, www.TABO.ps, which clearly provides the buyer with information such as actual photos, 3D aerial maps, and structural charts of the project. Mr. Al Sabawi also announced that the company would proceed with executing the road excavations for UCI"s TABO Master Plan Kufr Ein in the very near future.

The launch of the TABO reflects UCI"s commitment to the preservation of Palestinian land. This is evident through the creation of accessible roads for each plot of land located within the project"s Master Plans. UCI"s TABO project has ultimately made it possible for Palestinians to be a part of one of the most prime investment opportunities in Palestine, which by the same token, prevents the illegal confiscation of Palestinian land by the Israeli occupation. Hence, UCI directly supports the right to expand Palestinian land ownership and governance throughout the West Bank.

Union Construction and Investment (UCI) is one of the largest construction and real-estate development companies in Palestine. Established in 2005, UCI has changed the culture of Palestine"s residential and commercial development. UCI has constructed landmark buildings including the environmentally friendly UCI Headquarters Building in the Masyoun Heights of Ramallah, the Arcadia Residential Complex, and the first residential housing project in the West Bank, the Etihad Villas. In Palestine, UCI is the largest investor in sustainable urban development and the use of renewable energy. Through its award winning subsidiary, MENA Geothermal, UCI has installed energy saving geothermal heating & cooling systems in each of its residential and commercial projects.

UCI has been named by the Palestine Securities Exchange among four companies to represent Jerusalem stock exchange for 2012 in Real Estate and Investment fields.